Foster Wheeler Corp. v. Commissioner

FOSTER WHEELER CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Foster Wheeler Corp. v. Commissioner

Docket No. 96610.

United States Board of Tax Appeals

40 B.T.A. 1; 1939 BTA LEXIS 917;

June 1, 1939, Promulgated

JURISDICTION. - Held, that the Board has jurisdiction to redetermine deficiencies in excess profits liability on Navy contracts under section 3 of the Vinson Act.

S. M. Meyer, Esq., for the petitioner.

Walt Mandry, Esq., for the respondent.

ARUNDELL

OPINION.

ARUNDELL: This proceeding is before us on a motion of the Commissioner to dismiss for lack of jurisdiction. The…